Kohl’s Corporation (NYSE:KSS) Receives $14.83 Average Target Price from Brokerages
by Tristan Rich · The Markets DailyKohl’s Corporation (NYSE:KSS – Get Free Report) has been given a consensus recommendation of “Reduce” by the sixteen brokerages that are presently covering the company, Marketbeat.com reports. Six research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and one has issued a buy recommendation on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $14.8333.
A number of equities analysts have recently issued reports on the company. Telsey Advisory Group restated a “market perform” rating and issued a $17.00 price target on shares of Kohl’s in a research note on Tuesday, March 17th. Zacks Research cut Kohl’s from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 25th. The Goldman Sachs Group lowered their target price on Kohl’s from $15.00 to $13.00 and set a “sell” rating on the stock in a report on Wednesday, March 11th. UBS Group raised their target price on Kohl’s from $7.00 to $8.00 and gave the stock a “sell” rating in a research report on Wednesday, March 11th. Finally, TD Cowen cut their price target on Kohl’s from $23.00 to $17.00 and set a “hold” rating for the company in a research note on Wednesday, March 11th.
Check Out Our Latest Stock Report on KSS
Kohl’s Stock Performance
Shares of NYSE KSS opened at $12.49 on Wednesday. The firm’s 50-day moving average price is $16.34 and its 200-day moving average price is $17.85. Kohl’s has a 52-week low of $6.04 and a 52-week high of $25.22. The company has a market cap of $1.40 billion, a PE ratio of 5.29 and a beta of 1.42. The company has a quick ratio of 0.37, a current ratio of 1.46 and a debt-to-equity ratio of 0.94.
Kohl’s (NYSE:KSS – Get Free Report) last released its quarterly earnings data on Tuesday, March 10th. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.21. Kohl’s had a net margin of 1.75% and a return on equity of 4.72%. The firm had revenue of $5.17 billion during the quarter, compared to analysts’ expectations of $5.08 billion. During the same period in the previous year, the company earned $0.95 earnings per share. The firm’s quarterly revenue was down 3.9% on a year-over-year basis. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. As a group, analysts anticipate that Kohl’s will post 1.3 EPS for the current year.
Kohl’s Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Wednesday, March 18th will be given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 4.0%. The ex-dividend date is Wednesday, March 18th. Kohl’s’s payout ratio is 21.19%.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in KSS. Vanguard Group Inc. lifted its position in Kohl’s by 2.3% during the fourth quarter. Vanguard Group Inc. now owns 12,181,767 shares of the company’s stock valued at $248,630,000 after purchasing an additional 273,500 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Kohl’s by 12.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,597,801 shares of the company’s stock worth $114,250,000 after buying an additional 620,070 shares in the last quarter. American Century Companies Inc. increased its position in Kohl’s by 7.5% in the third quarter. American Century Companies Inc. now owns 5,042,333 shares of the company’s stock worth $77,501,000 after buying an additional 351,691 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Kohl’s by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 2,703,024 shares of the company’s stock worth $55,177,000 after buying an additional 47,037 shares during the period. Finally, Fuller & Thaler Asset Management Inc. bought a new position in shares of Kohl’s in the fourth quarter worth about $49,796,000. 98.04% of the stock is currently owned by institutional investors.
Kohl’s Company Profile
Kohl’s Corporation, founded in 1962 by Maxwell Kohl and headquartered in Menomonee Falls, Wisconsin, is a leading American department store retailer. The company operates approximately 1,100 stores across 49 states, offering a combination of value-oriented pricing, private-label brands and national labels. Since its initial public offering in 1992, Kohl’s has focused on broadening its product assortment and enhancing the in-store and online shopping experience.
The retailer’s merchandise portfolio spans apparel, footwear, accessories, and beauty products for women, men and children, as well as home goods, kitchenware and seasonal décor.